Tenant screening, accept with less than 3 times rent?

[Leslie Kym]

A prospective tenant, who is a personal friend of my previous tenant is interested in the unit. They submitted an application, but they don’t even make twice the amount of income as the rent. They stated that they will oat a full year and have a substantial amount in savings (which doesn’t phase me because they could spend it). So, I’m not sure uf it’s even worth continuing with the background and credit check. Previous tenant was great, but each individual is different. Not sure if i should approve them.

[Bruce Woodruff]

Quote from @Bill B.:

You obviously have written requirements that you do not alter to avoid fair housing violations. If your written standard is 3x then anything less is discrimination against others. 

Yes. And as an add-on thought...why even have a policy if you're not going to stand by it? Right?